tieguy
Banned
Diesel please talk to your liberal and democratic friends and ask them to start their own grass roots protest. Its getting to the point now where its hard to tell the bigots from the communists.
Middle class morons
- Thread starter unionman
- Start date
Diesel please talk to your liberal and democratic friends and ask them to start their own grass roots protest. Its getting to the point now where its hard to tell the bigots from the communists.
klein
Für Meno :)
Speaking of misinformation , yeah 10 yr old data, thanks Tie !!!
Why do you think 1989 whats to buy there ? Because currently it's dirt cheap !
I'll give you 10 year old data of Florida too. Average 3 bedroom house for $400 K... now $150 or less.
1989
Well-Known Member
I figure some catalysts to be gaming and disney. People do retire in vegas. But what other city has a catalyst for growth? People come, young and old to vegas. Why would anyone go visit Detroit? I believe vegas will come back and you can get real estate under it's replacement value. Best case senario I finance it, lease it with a 10-15% retun. People have to live somewhere. Worst case, I have a vacation home and a place to retire if needed. Besides vegas is a 13 hour drive and you can get chaep airfare anytime.
rod
Retired 22 years
Is Las Vegas still experiencing a big growth spurt as tie says? I thought LV's housing market had fallen into the toilet like the rest of the US.
tieguy
Banned
Klein I'm sorry I didn't realize you had your own count going. Could you post the source that shows vegas is drying up and blowing away?
Perhaps I should have stayed out of this thread that unionman clearly created for you and him.
moreluck
golden ticket member
Las Vegas Prepares for Fourth Wave of Growth
http://www.printthis.clickability.c...wth/index.html&partnerID=83297#relatedarticleMar 13, 2008 10:03 AM
Las Vegas is preparing for its fourth wave of growth, starting with the opening of the Palazzo on the Strip, according to a recent report by Las Vegas Advisor. The first three waves came in 1989, 1993, and 1999. Industry experts are predicting the fourth wave to be bigger and more extended than all three previous growth spurts combined. Mixed-use mega-projects from MGM Grand and Boyd Gaming, including Cosmopolitan, Encore, and Fontainebleau, are expected to add 50,000 new rooms over the next five years.
http://www.printthis.clickability.c...wth/index.html&partnerID=83297#relatedarticleMar 13, 2008 10:03 AM
Las Vegas is preparing for its fourth wave of growth, starting with the opening of the Palazzo on the Strip, according to a recent report by Las Vegas Advisor. The first three waves came in 1989, 1993, and 1999. Industry experts are predicting the fourth wave to be bigger and more extended than all three previous growth spurts combined. Mixed-use mega-projects from MGM Grand and Boyd Gaming, including Cosmopolitan, Encore, and Fontainebleau, are expected to add 50,000 new rooms over the next five years.
klein
Für Meno :)
I suppose thats the gamble you'll take. A high risk investment, I would say.
Myself, I wanna invest in paradise places, like Florida or Southern California.
Where tourists of all ages go, and enjoy. And where Baby boomers buy properties.
Ocean property/proximity will always be worth money.
But, in the end , it really doesn't matter, since it will be one of the last properties someone buys in thier lifetime. (basically no gain, eitherway - keep it until death ).
moreluck
golden ticket member
I'm just gonna mention one 4-letter word.......UTAH !!
Utah's population is expected to approach 3.5 million by 2030 — a growth rate of 56 percent over three decades, according to the projections.
Utah is part of the nation's fastest-growing region, the Mountain West, expected to grow by 65 percent from 2000 to 2030.
Utah's neighbors, Nevada and Arizona, are projected to be the two fastest-growing states — each more than doubling in population. Idaho, projected to grow by 52 percent to nearly 2 million people, ranks sixth in growth nationally.
While Utah is projected to move up in the state size rankings to 31, Nevada, which ranked just behind Utah in 2000, is projected to surpass Utah in size, with a 2030 projected population of 4.3 million — making it the 28th most-populous state. Arizona's projected population of 10.7 million would make it the 10th most-populous.
Utah's neighbors, Nevada and Arizona, are projected to be the two fastest-growing states — each more than doubling in population. Idaho, projected to grow by 52 percent to nearly 2 million people, ranks sixth in growth nationally.
While Utah is projected to move up in the state size rankings to 31, Nevada, which ranked just behind Utah in 2000, is projected to surpass Utah in size, with a 2030 projected population of 4.3 million — making it the 28th most-populous state. Arizona's projected population of 10.7 million would make it the 10th most-populous.
Utah's population is expected to approach 3.5 million by 2030 — a growth rate of 56 percent over three decades, according to the projections.
Utah is part of the nation's fastest-growing region, the Mountain West, expected to grow by 65 percent from 2000 to 2030.
Utah's neighbors, Nevada and Arizona, are projected to be the two fastest-growing states — each more than doubling in population. Idaho, projected to grow by 52 percent to nearly 2 million people, ranks sixth in growth nationally.
While Utah is projected to move up in the state size rankings to 31, Nevada, which ranked just behind Utah in 2000, is projected to surpass Utah in size, with a 2030 projected population of 4.3 million — making it the 28th most-populous state. Arizona's projected population of 10.7 million would make it the 10th most-populous.
Utah's neighbors, Nevada and Arizona, are projected to be the two fastest-growing states — each more than doubling in population. Idaho, projected to grow by 52 percent to nearly 2 million people, ranks sixth in growth nationally.
While Utah is projected to move up in the state size rankings to 31, Nevada, which ranked just behind Utah in 2000, is projected to surpass Utah in size, with a 2030 projected population of 4.3 million — making it the 28th most-populous state. Arizona's projected population of 10.7 million would make it the 10th most-populous.
1989
Well-Known Member
If I were a millionaire maybe I would. I just wouldn't want to hold a property waiting for the right baby boomer to come an buy it. Many people retire in AZ. Not many have ocean front property in Az. I believe vegas is near the bottom. Not much lower it could go and again I wouldn't want a property that only a retiring baby boomer would want. There is bigger market for a nice affordable family home.
klein
Für Meno :)
Gee, no one can come up with current news about Vegas ?
Try this one :
Worst of recession may be over, but Las Vegas still has to hold on
By J. Patrick Coolican (contact)
Wednesday, March 17, 2010 | 2 a.m.
http://www.lasvegassun.com/news/2010/mar/17/worst-may-be-over-las-vegas-still-has-hold/
It tells you, Las Vegas leads the nation in home foreclosures !!
1989
Well-Known Member
We know all this. Not a good sign if you are going to daytrade real estate. I like the sound of this though.
http://www.lasvegassun.com/news/2010/apr/14/its-not-fast-train-could-hit-rails-sooner/
If you notice the end of that article it says:
"it would seem exports and technology will drive expansion, sectors that often require educated, skilled workers, whom Nevada lacks, Parker said."
This must explain how Harry Reid got elected.
You know what is really asinine? Your childish attemps at pissing people off, your the joke Tiegirl.
klein
Für Meno :)
You don't need to be a millionaire to buy property in Florida.
Condos go as less as 34K, 3 bedrooms homes for under 100K. Some even 75K.
You could even rent them out as vacation weeks/months, and even profit more.
MY plan : Sell my home, buy property in a cheaper province, and one south (2 for 1 exchange).
Thats my goal, anyways. See if it works and my health keeps up.
1989
Well-Known Member
1989
Well-Known Member
I was also looking there, but the problem with that is that Fla. is the furthest state away from me. Time consuming and much more expensive to travel to if needed. I wouldn't look at anything less than 3bd 2 ba. Plus you have the hurricane factor / much more volatile weather patterns.
tieguy
Banned
A long way from turning into a detroit...roflmao
perhaps he's getting his projections from yahoo.
